Apr 23 2026
Recent Research
Danone, Q1 results – resilient start
Apr 22 2026
Irish economy
A stronger labour market early in 2026 as payrolls revised up
February payrolls data were in line with our view that the labour market remained in good shape early in 2026, and from here we think it is likely to remain resilient into the summer...
DraftKings
Forecast update; move to ‘Outperform’
Our new DraftKings forecasts for 2026 and 2027 indicate 12% and 13% revenue growth respectively. DraftKings is sustainably cash generative, and the US market is not yet mature. There...
Greencoat Renewables
Catching a second wind
The listed renewable infrastructure sector is undergoing a reset as market conditions continue to drive a necessary rightsizing of both portfolios and operators. We expect this to...
Irish banks
Positive CBI mortgage amendments and continued deposit and lending strength
The Central Bank of Ireland’s (CBI) amendments to mortgage bridging loan rules are a welcome development. The changes should support liquidity at the margins in the second-hand housing...
Irish banks
Depositing advantages
Deposit growth has been a key earnings lever in recent years, outperforming the euro area. Deposit bases have underpinned balance sheet expansion, supporting interest income and...
Volution
Simply Fan-tastic
Volution’s consistent healthy organic revenue growth, coupled with the stimulus from M&A, continues to translate into earnings upgrades. This sets it apart from its peers, both direct...
Glenveagh Properties
Accelerating cash returns; increasing price target to €2.49
In this report, we illustrate the significant medium-term cashflow potential for Glenveagh Properties. Over €400m in free cashflow (FCF) is likely to be generated in the next three...
AG Barr
Strong set-up for FY27 underpins healthy medium-term guidance
AG Barr has entered FY27 with good momentum and expects to deliver double-digit % revenue growth, supported by its recently announced acquisitions. Over the medium term, AG Barr...
Flutter Entertainment plc
Forecast update
We update our Flutter forecasts to reflect FY26 guidance. At a high level, we now expect a strong and resilient International business with the key potential regulatory shocks factored...
dsm-firmenich
Key takeaways from Investor Day
With its portfolio transformation complete, the emphasis shifts to growth execution. A roadmap to 2028 was presented with revenue and margin targets unchanged. The mid-point of 2028...
